"The firm has too much cash - almost $250 billion (roughly Rs. 15.9 lakh crores) - growing at $50 billion (roughly Rs. 3.18 lakh crores) a year. This is a good problem to have", Suva and Merchant were quoted as saying.

On the other hand, Apple may benefit highly from buying Netflix as a result of President Trump's tax policy created to bring overseas corporate money back to the US. Suva and Merchant estimate the deal would cost the company about a third of the cash freed up by Trump's tax plan, leaving Apple with plenty of assets to develop further content for the platform should they acquire it.

According to analysts at Citi, there is a 40% chance Apple would buy Netflix. However, the question here is, despite the huge cash reserves, does it make sense for Apple to buy Netflix? It'll have money to burn, and spending it to disturb the streaming market seems like a very Apple thing to do. Now that we know that such a deal can happen, the question is, will it?

Apple already produces some original content including shows like "Carpool Karaoke" and 'Planet of the Apps, ' which debuted on Apple Music in 2017. That's a 60 percent increase from the 50 films on its slate in 2017.

Wall Street Journal points out that HBO spent about $2 billion on content last year, while Amazon spent around $1 billion in 2013 alone, the year it started original programming.